Earnings Around the Corner for Genuine Parts Company (NYSE:GPC)

Earnings is just around the corner for Genuine Parts Company (NYSE:GPC) as the firm is slated to issue their report on 10/19/2016 8:30:00 AM.  The firm has most recently posted quarter over quarter growth of 0.20% and sales growth of -1.00% quarter over quarter.  

In terms of the trend lines, Genuine Parts Company (NYSE:GPC) shares are currently -6.83% off of their 52-week high and 30.87% off from the 52-week low point.  The stock is 3.43% from the 200-day moving average and -2.18% from the 50-day average.  The Relative Strength Index for the stock stands at 45.42.

Increased volatility should be expected heading into and immediately after the Genuine Parts Company (NYSE:GPC) earnings report.  According to the most recent data, the average true range stands at 1.52 which is a measure of the most recent volatility.  The number is an exponential 14-day moving average of the True Ranges (range of each trading day’s high and low).  The average volatility for the week stands at 1.33% and 1.42% for the past month. The relative volume (ratio between current volume and 3-month average) stands at 0.30.  

Potential Upside

So is there any potential upside for the stock if Genuine Parts Company is able to meet or beat earnings?  Analysts, on a consensus basis have a $99.33 on the stock, compared to a recent bid of $98.09.  The average broker recommendation yields a score of 3.00, which is an integer based calculation from all of the buy, sell and hold recommendations from sell-side analysts.  


Heading into the earnings report, 0.50% shares are held by company insiders.  On the institutional front, 74.10% of Genuine Parts Company (NYSE:GPC) are owned by firms or funds.  Over the past few months, insider transactions have trended -0.09% while institutions saw a change of -0.06% in company stock. 


Year to date, Genuine Parts Company (NYSE:GPC) holders have seen returns of 16.09%.  Over the past month the stock moved 0.99% and most recently shares over the past five trading days have moved -1.53%.

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